2, ERICSSON DRIVE, LIVERPOOL, L14 3AD - £176,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ERICSSON DRIVE is a very small detached house of 72m², built in 2015, which could now be worth an estimated £277,292. It was last sold for £176,500 in May 2019, which was around 29% below the average May 2019 detached price in the Liverpool local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

2 ERICSSON DRIVE Sold Prices

Land registry data shows two sales for 2 ERICSSON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Liverpool local authority area for the corresponding sale date. Both of the two 2 ERICSSON DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 24 MAY	£176,500	£247,649	29% below HPI
2015 7 AUG	£172,995	£216,920	20% below HPI

2 ERICSSON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Liverpool local authority area over time, sourced from the HPI. The two 2 ERICSSON DRIVE sales from August 2015 and May 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 ERICSSON DRIVE be worth now?

2 ERICSSON DRIVE might now be worth an estimated £277,292.

This is based on house price inflation of 57.1%, between May 2019 and May 2026, for detached houses, in the Liverpool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.1% inflationary increase is applied to the most recent sale price for 2 ERICSSON DRIVE of £176,500 on 24th May 2019. For the value to have increased from £176,500 to £277,292 over the seven years to May 2026, the following assumptions must hold true:

• The value of 2 ERICSSON DRIVE has moved in line with the HPI for detached houses in the Liverpool local authority area.
• The May 2019 sale price of £176,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ERICSSON DRIVE has not materially changed since May 2019.

How Large is 2 ERICSSON DRIVE?

2 ERICSSON DRIVE is 72m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses houses in Liverpool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Liverpool, and where 2 ERICSSON DRIVE lies on this distribution: 6% of detached houses houses are smaller than 2 ERICSSON DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Liverpool.

2 ERICSSON DRIVE: Plot and Title Map

2 ERICSSON DRIVE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 2 ERICSSON DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 ERICSSON DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 ERICSSON DRIVE?

2 ERICSSON DRIVE is located in LIVERPOOL, in the L14 postcode district. The below map shows the position of No. 2 on ERICSSON DRIVE.